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that as well as the american people. a lot can happen. just as bob said it -- i said in my remarks that the tax issue could get resolved this weekend or it could get resolved at the beginning of next year. it will get resolved. almost all americans will not pay higher taxes next year. but it could happen this weekend. >> the meeting ends today, if there is a proposal put on the table, we're hearing about smaller-scale proposals to get enough republican support in the senate, and not just get 60 votes. do you need an estate tax -- is it ok if it's just different income and unemployment? >> it would be best to let senator mcconnell and others meet with the president today and have them talk about that in private. probably the meeting that happens today is more for optics and probably the substance occurs after that when staff begins to talk. they ought to work on that together, and i think it is best for me not to comment on what should or should not be in it. i want to come back to this -- the 112th congress has scored, litigated, debated every one of the issues that lamar and i are talking abou
, so many who wanted to speak. but i want to say to you what i said bob wright of autism speech earlier today. i think you for caring about somebody other than your children and ourselves. because what you're doing here today is raising this issue so that other children, other than those that may be in your own family, maybe your friends, will benefit in the future. you're touching the future and you're making it possible for those who are going through the optimism -- the hottest inspector disorders to have a better future. so -- the autism spectrin disorders to have a better future. so i urge you to stay the course. one thing i have learned in 17 years is that, in order for these causes to move forward, you have to keep banging the drum. and you must bang it louder and louder in presenting your case so that, after it is all over, as my mother would say, motion, commotion, emotion and no results. i want you to be successful in what you're doing. life is short. so we must try to use our energy so that we can get the best possible results. i am so glad the chairman said what he said abou
are pleased to have our distinguished colleagues chuck schumer from new york, bob mendez from new jersey and i believe senator gillibrand will be here shortly. the senators have been a strong partners in this rebuilding effort. it is a great privilege to work together. we are really strong team we share the value of a quick action and sufficient resources to get this job done. as i mentioned, we are in the largest transportation. in the country and it takes diligence and skill of our friends and colleagues. senator schumer. >> thank you, mr. chairman. first, thank you for this hearing but also for your great partnership. new york and new jersey were together as a bipartisan by-date delegation along with our colleagues from rest of the northeast to deal with this awful, awful devastation. it is good you are in so many important positions that will have a lot of say in how we deal with this and we're grateful for that as well as your leadership. thank you, ranking member, senator wicker. west hamilton beach was in my old congressional district. it is one of the few volunteer fire departments in
on unemployment insurance that they're no longer employable at all. host: bob receives unemployment insurance. tell us about your situation. caller: i'm a single-earner, and thank god i have made a good living. assuming i could get a job, and nothing against the folks at fast food or nothing like that, but if you were making a minimum amount of money, with my situation, i would be in the street using that job. i could not pay my bills. i am not talking about luxuries. i rent. i would not be able to pay that. thank god unemployment insurance is geared to what you used to make, so that, and by the way, i am in my 60's. it is not easy. without that amount coming in that is based on what i used to make, i would not be able to survive. i would be industry. -- in the street. host: mr. josh bivens, a chance on this one. guest: that points out that unemployment insurance is a form of social insurance. people take lower wages because the employer has to pay tax. they pay into the system while things are going well, and if they hit a rough spot they hit a benefit that somewhat match its previous earnin
than we do of linking appropriations. host: let's hear from bob in minnesota, republican caller. caller: there is a topic that nobody wants to talk about. it is the interest rate. the interest paid on our national debt. currently, most of the debt is under short term, under 1%. it is manipulated by the federal reserve and the treasury department. it is going to go from a historic -- $1.50 trillion in interest annually on the national debt. how is that going to impact the military industrial complex in the near future when that actually comes to be? guest: that clearly is a ticking time bomb for any part of the federal government. we are in a period of unusually low interest rates. when they rise, it is going to be a body blow to the national politics and the country. the jump from 1% to 7% is such a massive increase in taxes that the only thing i can think of is greece. host: what does it mean for the pentagon? guest: greece used to be one of the only three non-u.s. countries in nato that was spending 2% of gdp on national security. they are now below that because they cannot afford it.
'd like to thank bob rose. i can think of no better way to launch this initiative and with the speakers we have assembled here today. our panelists, michael mccaul, and mike rogers, chairman of the house permanent select committee on intelligence. white house cybersecurity coordinator howard schmidt and chairman and ceo of boston properties, editor in chief of "u.s. news and world report," owner and publisher of "the new york daily news." our first speaker is michael chertoff. it would be difficult to imagine anyone better suited to head the cybersecurity initiative than secretary chertoff. as secretary of homeland security from 2005 until 2009, he was responsible for implementing immigration policy, homeland security regulation, and spearheading a national cybersecurity effort. from 2003 until 2005, he served as a federal judge at the u.s. court of appeals for the third circuit. from 2001 until 2003, he was an assistant attorney general of the u.s. as chairman of the board of directors of bae systems, he is an advocate for cybersecurity and the private sector. please welcome secretary mic
Search Results 0 to 5 of about 6